The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. GeneDx Holdings Corp shares valued at $3,340,000 were purchased by Feeley Kevin on Jan 07 ’25. At $94.07 per share, Feeley Kevin acquired 35,506 shares.
Also, Stueland Katherine purchased 51,420 shares, netting a total of over 4,830,000 in proceeds.
Before that, Stueland Katherine had sold 18,006 shares from its account. In a trade valued at $1,407,686, the Chief Executive Officer traded GeneDx Holdings Corp shares for $78.18 each. Upon closing the transaction, the insider’s holdings decreased to 18,006 shares, worth approximately $5.13 million.
As published in their initiating research note from Wells Fargo on August 28, 2024, GeneDx Holdings Corp [WGS] has been an Equal weight and the price target has been revised to $34. Analysts at Craig Hallum started covering the stock with ‘”a Buy”‘ outlook in a report released in early July.
Analyzing WGS Stock Performance
During the last five days, there has been a surge of approximately 25.64%. Over the course of the year, GeneDx Holdings Corp shares have jumped approximately 25.64%. Shares of the company reached a 52-week high of $98.87 on 01/07/25 and a 52-week low of $74.93 on 01/02/25. A 50-day SMA is recorded $77.27, while a 200-day SMA reached $41.52. Nevertheless, trading volume fell to 0.75 million shares from 1.55 million shares the previous day.
Support And Resistance Levels for GeneDx Holdings Corp (WGS)
According to the 24-hour chart, there is a support level at 91.60, which, if violated, would cause prices to drop to 86.64. In the upper region, resistance lies at 99.43. The next price resistance is at 102.30. RSI (Relative Strength Index) is 73.61 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 13.24, which suggests the price will increase in the coming days. Percent R is at 8.64%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
